ResMed Inc. Announces Results for the Fourth Quarter of Fiscal Year 2019

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ResMed (RMD) Tops Q4 EPS by 1c, Revenues Beat

July 25, 2019 4:27 PM EDT

ResMed (NYSE: RMD) reported Q4 EPS of $0.95, $0.01 better than the analyst estimate of $0.94. Revenue for the quarter came in at $705 million versus the consensus estimate of $702.28 million.

Fourth Quarter 2019 Highlights

Revenue increased 13% to $705.0 million; up 15% on a constant currency basisGross margin expanded 120 bps... More